Capital One Financial (NYSE:COF) Receives "Hold (C-)" Rating from Weiss Ratings

Key Points

• Capital One Financial has received a "Hold (C-)" rating from Weiss Ratings, with multiple analysts maintaining or raising price targets for the stock.
• The company's stock was trading at $211.79, having a market capitalization of $135.44 billion and a 52-week range from $143.22 to $232.45.
• Recent insider transactions show significant selling activity, with the General Counsel and another insider reducing their holdings, which raises questions about insider sentiment.

Capital One Financial (NYSE:COF)'s stock had its "hold (c-)" rating reaffirmed by investment analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

COF has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft lifted their target price on Capital One Financial from $215.00 to $224.00 and gave the company a "hold" rating in a research note on Thursday, October 2nd. Royal Bank Of Canada lifted their price target on Capital One Financial from $240.00 to $255.00 and gave the company a "sector perform" rating in a report on Wednesday, July 23rd. Wall Street Zen raised Capital One Financial from a "hold" rating to a "buy" rating in a report on Friday, September 26th. Wells Fargo & Company lifted their price target on Capital One Financial from $225.00 to $265.00 and gave the company an "overweight" rating in a report on Friday, July 25th. Finally, The Goldman Sachs Group cut their price target on Capital One Financial from $276.00 to $266.00 and set a "buy" rating on the stock in a report on Friday, October 3rd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Capital One Financial presently has a consensus rating of "Moderate Buy" and a consensus price target of $250.44.

Capital One Financial Stock Performance

COF stock traded down $1.90 during midday trading on Wednesday, reaching $211.79. The company had a trading volume of 2,408,811 shares, compared to its average volume of 4,217,827. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.47. The stock has a 50 day moving average price of $219.29 and a 200 day moving average price of $201.70. Capital One Financial has a fifty-two week low of $143.22 and a fifty-two week high of $232.45. The firm has a market capitalization of $135.44 billion, a PE ratio of 108.61, a P/E/G ratio of 0.79 and a beta of 1.18.

Capital One Financial (NYSE:COF - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The financial services provider reported $5.48 EPS for the quarter, beating analysts' consensus estimates of $1.93 by $3.55. The company had revenue of $12.49 billion during the quarter, compared to analyst estimates of $12.72 billion. During the same quarter in the previous year, the firm earned $3.14 earnings per share. The business's revenue was up 31.4% on a year-over-year basis. Analysts anticipate that Capital One Financial will post 15.65 earnings per share for the current year.

Insider Buying and Selling at Capital One Financial

In other Capital One Financial news, General Counsel Matthew W. Cooper sold 2,000 shares of Capital One Financial stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $211.99, for a total transaction of $423,980.00. Following the transaction, the general counsel directly owned 98,486 shares in the company, valued at approximately $20,878,047.14. The trade was a 1.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael Zamsky sold 5,515 shares of Capital One Financial stock in a transaction that occurred on Monday, August 4th. The stock was sold at an average price of $209.59, for a total transaction of $1,155,888.85. Following the transaction, the insider owned 27,364 shares in the company, valued at approximately $5,735,220.76. The trade was a 16.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 23,298 shares of company stock worth $5,103,824. 1.26% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Capital One Financial

Hedge funds have recently modified their holdings of the stock. Moisand Fitzgerald Tamayo LLC increased its stake in shares of Capital One Financial by 103.3% in the second quarter. Moisand Fitzgerald Tamayo LLC now owns 122 shares of the financial services provider's stock worth $26,000 after acquiring an additional 62 shares during the last quarter. Olistico Wealth LLC boosted its holdings in Capital One Financial by 439.1% in the second quarter. Olistico Wealth LLC now owns 124 shares of the financial services provider's stock worth $26,000 after purchasing an additional 101 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its holdings in Capital One Financial by 66.7% in the second quarter. Atlantic Edge Private Wealth Management LLC now owns 125 shares of the financial services provider's stock worth $27,000 after purchasing an additional 50 shares in the last quarter. RMG Wealth Management LLC bought a new stake in Capital One Financial in the second quarter worth $27,000. Finally, Solstein Capital LLC bought a new stake in Capital One Financial in the second quarter worth $28,000. 89.84% of the stock is owned by institutional investors and hedge funds.

About Capital One Financial

Capital One Financial Corporation operates as the financial services holding company for the Capital One, National Association, which engages in the provision of various financial products and services in the United States, Canada, and the United Kingdom. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

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